Triple-Digit Growth Secures Place in Elite List of America’s Fastest-Growing Private Companies

Santa Monica, Calif., October 23, 2008 — Accruent, Inc., the leading provider of Real Estate Performance Management (RPM) solutions, announced today that it has been recognized as one of the fastest-growing private companies in America. Ranked amid a roster of companies that Inc. magazine cites as the “entrepreneurial engine driving the U.S. economy,” Accruent has grown consistently in recent years to serve 400 of the world’s largest companies and institutions, resulting in 155 percent revenue growth over the past three years.

“We are thrilled to have been recognized by Inc. magazine and will continue to build upon our 14-year tradition of providing the broadest software capabilities and the deepest domain expertise to our customers,” said Mark Friedman, Account founder and chief executive officer.

The prestigious Inc. 5000 ranking is further evidence that Accruent’s unparalleled expertise in helping organizations to unlock the strategic value of their real estate assets is seeing strong demand in the marketplace. Following record sales in 2007, Accruent continues to fulfill its 2008 resolution to bring one customer live on Accruent software every 10 days. In fact, the company has already completed 34 major projects this year, including significant enterprise software initiatives for companies as diverse as 24 Hour Fitness, Dollar General and Fresenius Medical Care.

“The demand for our products has accelerated dramatically as companies recognize that they can reduce their operating expenses and capital outlays through better insight and control over their real estate and facilities portfolios,” said Friedman. “By aligning their portfolios with their overall business plan, organizations are able to quickly respond to current market conditions and make decisions that support their strategic goals.”

The Inc. 5000 is comprised exclusively of privately held, independent companies headquartered in the U.S. and its rankings are based on percentage revenue growth over the 2004-2007 time periods.

Accruent provides a comprehensive solution that enables organizations to develop, administer and operate their real estate and facilities portfolios as a competitive advantage. The company’s solutions enable customers to securely manage mission-critical information in an integrated central data repository. This “single system of record,” coupled with process management and advanced business intelligence, helps bridge the gap between real estate execution and business strategy and leverage business value from key decisions at each stage of the real estate lifecycle.